Iron Ore, Steel, Coking Coal, and Dry Freight Futures

The ferrous metals market, the second largest commodity market by volume after crude oil, includes iron ore, steel, coking coal, and dry freight futures. CME Group’s ferrous metals futures and options offer risk management opportunities for these vital global commodities across the supply chain in tandem with changing industry structure and demands.

Backed by $8 billion of financial safeguards through CME Clearing, our suite of ferrous metals and related products are traded over-the-counter and cleared through CME ClearPort, ensuring payment is made according to agreement.

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.